I started in January as an engineer and was told a 5-10% merit bonus is typical. Other engineers under my manager have said in past years they have received bonuses. Is this true? When do we know if we get one and when are they paid out?
Posts mentioning hashtag #meritincrease
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Promotion Pilot raise
I was submitted to the promotion pilot in GT and I was wondering how raises could potentially work? Assuming I'm going from 30-35 or 35-40, is there any guidance on how much I can expect for an increase?
Bonuses?
Any word if we'll get them this year? Mostly concerned about HGS and merit increases.
Someone needs to call out Cisco Leadership
I’ve been at Cisco for nearly two years, and it’s becoming very frustrating. Last year, CPF was cut to 0.61, and now they’ve split merits and promotions, basically halving the budget again. It feels really unfair. On top of that, whenever I bring up a raise conversation, my manager guilt-trips me into believing I haven’t done enough, completely overlooking my accomplishments. I’m seriously considering switching jobs, but I wonder- is it the same everywhere? Are most people this unsatisfied at their companies?
Weird changes for FY25 Merit & Promotions
Split in 2 Cycles:
1st in November
2nd in May
Basically, they just cut whatever peanuts you were supposed to get in HALF.
Leader here: Just giving you a heads up, Cisco ELT decided to split this year's raise/promo budget in half.
This Merit is terrible for everyone (except ELT ofcourse). I'm rying to give a “critical to retain” a small % increase and it dropped my budget next to nothing for the others.
Sorry guys but it's going to be a lot of disappointment, you're getting near to nothing in this reward cycle, dont get angry at us (your managers), Cisco ELT is sc--wing you.
Mind you, ELT compensation and stock price is/was at an all time high...
Merit Raise
It is safe to say that the merit raises for the Accounting Department were total BS. Did not come close to keeping up with inflation.